by Michelle Bradley, ACAS, MAAA, ARM, CERA | Nov 20, 2018 | Uncategorized
The topics covered in SIGMA’s blog often originate from questions that our CEO, Tim Coomer, receives when traveling to speak with our clients. Multiple questions have emerged from some of his recent trips regarding frustrations with group captives, how to exit a group...
by Michelle Bradley, ACAS, MAAA, ARM, CERA | Aug 27, 2018 | Loss Development and Trend
Many companies don’t believe that their retained liabilities are big enough or complex enough to warrant hiring an actuary. Therefore, internal calculations are often completed using spreadsheets or various software tools. In some situations, these calculations may...
by Michelle Bradley, ACAS, MAAA, ARM, CERA | Oct 26, 2017 | Self-Insurance, Captives and Pool Issues
Summary: The Financial Accounting Standard Board’s (FASB) accounting update related to disclosures about short duration contracts (ASU 2015-09) requires that insurance entities disclose specific information related to the liability for unpaid claims and claims...
by Michelle Bradley, ACAS, MAAA, ARM, CERA | Sep 25, 2017 | Analytical Issues, Training Resources
When a company begins the due diligence process for acquiring another entity, several actuarial factors must be considered. For risk related specifically to property and casualty, the main question needing to be answered pertains to the actual liabilities being...
by Michelle Bradley, ACAS, MAAA, ARM, CERA | Jun 22, 2016 | Loss Development and Trend, Self-Insurance, Captives and Pool Issues
After attending the Fall 2015 Hawaii Captive Insurance Council meeting and the Spring 2016 CICA captive meeting, I became increasingly aware of the continued trend of placing non-traditional1 risks in captives. At SIGMA, we are seeing a growing number of captives...
